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869 W Main St
Cheshire, CT 06410
Asking Price
$1.50M
Asset Type
Commercial Mixed-use
Class
Class B
What's Special
Mixed Use <ul><li><span style="font-weight: bold">2.3± acres C-3 Zone </span>This District is generally intended for larger arterial strip commercial development and shopping centers that offer a wide range of commercial uses that serve a broad market area. These commercial uses typically have larger space and land requirements and are located along major roadways. Maximum lot coverage by structures and parking is 80%. Maximum Floor Area Ratio is 2.0. Maximum height is 60 feet if setbacks are provided as
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179